$520,000
COUNCIL BLUFFS, IA 51503
MLS# 25-2498
Status: Closed
6612 sqft
1 / 26
Property Description
A rare investment opportunity in the heart of downtown Council Bluffs, IA—the CB Undecuplex, an 11-unit multifamily property located at 209 S 4th Street. Named ''Undecuplex'' to reflect its unique configuration of 11 units, this asset offers significant value-add potential for investors looking to modernize and reposition the property within the rapidly expanding Council Bluffs-Omaha Metro area. The CB Undecuplex boasts a prime location just south of the bustling 100 Block entertainment corridor and a short distance from Bayliss Park and the Haymarket Square district, giving residents easy access to a variety of restaurants, bars, retail shops, and employment opportunities. This is a strategic opportunity to invest in a well-located property with ample upside in a thriving market.
Details
Maps
Contract Information
Sale: For Sale
Bank Owned?: No
Current Price: $520,000
Status: Closed
Listing Date: 2025-11-28
Sold Price: $520,000
General Property Description
# Sleeping Rooms: None
# Effic Studios: Three
# of 1 BR Units: Five +
# of 2 BR Units: None
Lot Size: 5800
# of 3+ BR Units: None
# of Full Baths: 9+
# of 1/2 Baths: None
Garage: None
Stories: 3
Parking: 4 - 6
Type of Property: Apartment Building
Year Built: 1920
Number of Units: 11
Tot Fnshd SF: 6612
Location, Tax & Legal
Located City/County: City
Elementary School: Bloomer
Jr. High: Gerald W Kirn
High School: Abraham Lincoln
School District: Council Bluffs
Legal: The South 50 feet of Lot 13, Auditor's Subdivision of the West 498 feet of Outlots 2 and 3 Jackson's Addition to Counci
Parcel No.: 7544 36 209 006
Zoning: A-P
Current REIDS Yr Pd: N/A
Assessed Value: 503200
Assessed Value Bldg: 484100
Assessed Value Land: 19100
Area: Area 7
House #: 209
Street Direction Pfx: S
Street Name: 4TH
Street Suffix: Street
State/Province: IA
County: POTTAWATTAMIE
Zip Code: 51503
Office/Member Info
Net Taxes: 6272
Tax Year: 2024
Status Change Info
Type Of Financing: Conventional
Status Change Date: 2026-02-23
Under Contract Date: 2025-12-05
Sold Date: 2026-02-20
Sold Price: $520,000
Miscellaneous
Security Deposit: 1
Other - See Remarks: 1
Possession
Negotiable: 1
Exterior
Brick: 1
Roof
Flat: 1
Terms
Cash: 1
Conventional: 1
Appliances
Dryer - Coin: 1
Range: 1
Refrigerator: 1
Washer - Coin: 1
Other: 1
Documents on File
Aerial Photo: 1
Owner Oper Stmnt: 1
Other: 1
How To Show
Call Agent: 1
Number of Stories
3 or More: 1
Features
Other: 1
Inspections
Self Inspected: 1
Mortgage Info
Assumable: N
Gross Taxes: 6272
Util Pd/by Renter
Other - See Remarks: 1
Util Paid/Owner
Electric: 1
Garbage: 1
Gas: 1
Water: 1
Heat/Cooling
Radiant: 1
Window Unit(s): 1
Status Info
Sold Status: MLS Member List/MLS Member Sold
REIDS Inc Sale Prc: Yes
Sale Price Incl Lot: Yes
Photo Certification
I own the photos or have the right to use.: Yes
Property Features
Exterior: Brick
Roof: Flat
Documents on File: Aerial Photo; Owner Oper Stmnt; Other
Terms: Cash; Conventional
How To Show: Call Agent
Appliances: Dryer - Coin; Range; Refrigerator; Washer - Coin; Other
Possession: Negotiable
Features: Other
Miscellaneous: Security Deposit; Other - See Remarks
Inspections: Self Inspected
Number of Stories: 3 or More
Listing Office: BARON
Last Updated: February - 23 - 2026
Information deemed reliable but not guaranteed.